IR-2012-84, Nov. 2, 2012 Washington ― The Internal Revenue Service today alerted employers and other taxpayers that because Hurricane Sandy is designated as a qualified disaster for federal tax purposes, qualified disaster relief payments made to individuals by their employer or any person can be excluded from those individuals’ taxable income. Qualified disaster relief payments […]
IRS & Hurricane Sandy (VIDEO)
If you are a victim of Hurricane Sandy, the IRS may be able to help. Learn about the options available in this YouTube video.
IRS Offers a Free Tax Calendar for 2013
Straight from the IRS: The 2013 IRS Tax Calendar for Small Business and Self Employed, Publication 1518, (English and Spanish) will ship in December. It can be pre-ordered online now. The Tax Calendar for Small Businesses and Self-Employed is a 12-month wall calendar, filled with useful information on: general business taxes, IRS and SSA customer […]
IRS Will Begin to Look Closely at e-Commerce
By Glenna Mae Hendricks, E.A. Last month, the IRS updated its Audit Techniques Guide (ATG) for cash-intensive businesses and the complexities of e-commerce. This means they will ramp-up the number of audits for businesses in this area–the IRS likes to go where they feel there is a large amount of money to be gained and […]
